There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on G1 Therapeutics (GTHX) and Allogene Therapeutics (ALLO) with bullish sentiments.
G1 Therapeutics (GTHX)
In a report released today, Edward White from H.C. Wainwright maintained a Buy rating on G1 Therapeutics, with a price target of $82.00. The company’s shares closed last Wednesday at $15.57.
According to TipRanks.com, White is a 5-star analyst with an average return of 27.6% and a 51.0% success rate. White covers the Healthcare sector, focusing on stocks such as Spectrum Pharmaceuticals, Karyopharm Therapeutics, and Aeglea Biotherapeutics.
Currently, the analyst consensus on G1 Therapeutics is a Strong Buy with an average price target of $56.80, representing a 266.5% upside. In a report issued on July 23, Needham also assigned a Buy rating to the stock with a $74.00 price target.
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Allogene Therapeutics (ALLO)
H.C. Wainwright analyst Debjit Chattopadhyay reiterated a Buy rating on Allogene Therapeutics today and set a price target of $49.00. The company’s shares closed last Wednesday at $38.45.
According to TipRanks.com, Chattopadhyay is a 5-star analyst with an average return of 15.8% and a 48.6% success rate. Chattopadhyay covers the Healthcare sector, focusing on stocks such as Global Blood Therapeutics, Molecular Partners AG, and Precision BioSciences.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Allogene Therapeutics with a $52.83 average price target, representing a 40.2% upside. In a report released yesterday, William Blair also maintained a Buy rating on the stock.
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